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Disney faces activist battle as ValueAct backs CEO Iger
Proactive Investors· 2024-01-03 15:21
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Blackwells Capital Nominates Jessica Schell, Craig Hatkoff and Leah Solivan for Election to the Board of Disney
Newsfilter· 2024-01-03 12:45
Launches Campaign to Preserve CEO Bob Iger's Value Creation Vision Demands that Trian and Nelson Peltz Immediately End Their Backward-Looking, Adventitious Campaign NEW YORK, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital, a shareholder of The Walt Disney Company ("Disney" or the "Company") (NYSE:DIS) today announced that it has nominated three highly qualified candidates – Jessica Schell, Craig Hatkoff and Leah Solivan – for election to the board of directors of Disney (the "Board") at the Company's ...
Disney Cuts Information-Sharing Deal With Activist Investor. It's Not Nelson Peltz.
Barrons· 2024-01-03 12:11
Walt Disney is trying out a new tactic to bolster its share price as the battle with Nelson Peltz, the chief executive officer of Trian, continues to rumble. ...
The Walt Disney Company and ValueAct Capital Enter Into Information-sharing Arrangement to Facilitate Strategic Consultation During Company's Transformation
Businesswire· 2024-01-03 03:00
BURBANK, Calif. & SAN FRANCISCO--(BUSINESS WIRE)--The Walt Disney Company (NYSE: DIS) and ValueAct Capital Management, L.P. have entered into a confidentiality agreement that enables the company to provide information to the investment firm and consult with ValueAct on strategic matters, including through meetings with the Disney Board and management. ValueAct has extensive experience investing in media and technology companies navigating significant business transformations, including Spotify, The New Y ...
Disney enters information-sharing agreement with ValueAct Capital as it continues proxy fight with Trian
Market Watch· 2024-01-02 22:12
The Walt Disney Company DIS, +0.47% and activist investor ValueAct Capital Management L.P. said Wednesday they have entered an information-sharing agreement while the entertainment giant undergoes a transformation. The agreement will allow Disney to consult with the investment firm on strategic matter, including via meetings with the board and management. ValueAct will support the board’s recommended slate of nominees for election to the board at the 2024 annual meeting, the companies said in a joint state ...
Disney loses copyright protection of earliest Mickey and Minnie Mouse in U.S.
Proactive Investors· 2024-01-02 13:26
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
The 2024 box office is a franchise frenzy — at a time when audiences are feeling IP fatigue
CNBC· 2024-01-02 13:16
Mean girls, Spider-Women and sandworms will headline the 2024 box office — and they'll have to do some heavy lifting.The March 1 release of "Dune: Part Two," the delayed and much-anticipated follow-up to Denis Villeneuve's 2021 science fiction epic is expected to attract hordes of moviegoers.It's arguably the most notable release in what's slated to be a franchise frenzy this year, as studios like Warner Bros., Disney, Universal and Paramount lean on familiar titles to entice audiences back into theaters. B ...
1 Undervalued Growth Stock Down 55% to Buy Hand Over Fist for 2024
The Motley Fool· 2024-01-02 09:47
Parkev Tatevosian, CFA has positions in Walt Disney. The Motley Fool has positions in and recommends Walt Disney. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
3 Stocks to Buy While They Are On Sale
The Motley Fool· 2024-01-02 09:30
Market downturns can be appealing to those who have been accumulating cash and are eager to pounce on some bargains. That's because such times present great opportunities when the stocks of lots of solid companies with great growth prospects have fallen into bargain territory.You don't need a market downturn to find some great opportunities, though. Even when the market has been rising for a while and is frothy, there will be some bargains for those who can find them. These days the market has been clawing ...
Disney to lose copyright of early version of Mickey Mouse
Skynews· 2023-12-30 16:31
An early version of Mickey Mouse, one of the most iconic characters in popular culture, will no longer have copyright protection from 2024.Members of the public will be able to use the image of Mickey and Minnie Mouse featured in their first screen release, the 1928 short film Steamboat Willie, after the copyright expires. US law allows copyright to be held for 95 years - with Congress expanding it several times during that period. Image: Walt Disney poses with a Mickey Mouse drawing in 1941. Pic: AP "It' ...